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title=31 page=1 STATE HIGHWAY FUND 366.505 Composition and use of highway fund. (1) The State Highway Fund shall consist of: (1) The State Highway Fund shall consist of: 366.505 Composition and use of highway fund. 366.505 Composition and use of highway fund. (1) The State Highway Fund shall consist of: (a) All moneys and revenues derived under and by virtue of the sale of bonds, the sale of which is (a) All moneys and revenues derived under and by virtue of the sale of bonds, the sale of which is (a) All moneys and revenues derived under and by virtue of the sale of bonds, the sale of which is authorized by law and the proceeds thereof to be dedicated to highway purposes. authorized by law and the proceeds thereof to be dedicated to highway purposes. authorized by law and the proceeds thereof to be dedicated to highway purposes. (b) All moneys and revenues accruing from the licensing of motor vehicles, operators and chauffeurs. (b) All moneys and revenues accruing from the licensing of motor vehicles, operators and chauffeurs. (b) All moneys and revenues accruing from the licensing of motor vehicles, operators and chauffeurs. (c) Moneys and revenues derived from any tax levied upon gasoline, distillate, liberty fuel or other (c) Moneys and revenues derived from any tax levied upon gasoline, distillate, liberty fuel or other (c) Moneys and revenues derived from any tax levied upon gasoline, distillate, liberty fuel or other volatile and inflammable liquid fuels, except moneys and revenues described in ORS 184.642 (2)(a) that volatile and inflammable liquid fuels, except moneys and revenues described in ORS 184.642 (2)(a) that volatile and inflammable liquid fuels, except moneys and revenues described in ORS 184.642 (2)(a) that become part of the Department of Transportation Operating Fund. become part of the Department of Transportation Operating Fund. become part of the Department of Transportation Operating Fund. (d) Moneys and revenues derived from or made available by the federal government for road (d) Moneys and revenues derived from or made available by the federal government for road (d) Moneys and revenues derived from or made available by the federal government for road construction, maintenance or betterment purposes. construction, maintenance or betterment purposes. construction, maintenance or betterment purposes. (e) All moneys and revenues received from all other sources which by law are allocated or dedicated for (e) All moneys and revenues received from all other sources which by law are allocated or dedicated for (e) All moneys and revenues received from all other sources which by law are allocated or dedicated for highway purposes. highway purposes. highway purposes. (2) The highway fund shall be deemed and held as a trust fund, separate and distinct from the General (2) The highway fund shall be deemed and held as a trust fund, separate and distinct from the General (2) The highway fund shall be deemed and held as a trust fund, separate and distinct from the General Fund, and may be used only for the purposes authorized by law and is continually appropriated for such Fund, and may be used only for the purposes authorized by law and is continually appropriated for such Fund, and may be used only for the purposes authorized by law and is continually appropriated for such purposes. purposes. purposes. (3) All interest earnings on any of the funds designated in subsection (1) of this section shall be placed (3) All interest earnings on any of the funds designated in subsection (1) of this section shall be placed (3) All interest earnings on any of the funds designated in subsection (1) of this section shall be placed to the credit of the highway fund. [Amended by 1953 c.125 §5; 1989 c.966 §43; 2001 c.820 §5] to the credit of the highway fund. [Amended by 1953 c.125 §5; 1989 c.966 §43; 2001 c.820 §5] 366.506 Highway cost allocation study; purposes; design; report; use of report by Legislative Assembly. (1) Once every two years, the Oregon Department of Administrative Services shall conduct either a full highway cost allocation study or an examination of data collected since the previous study. The purposes of the study or examination of data are to determine: (a) The proportionate share that the users of each class of vehicle should pay for the costs of maintenance, operation and improvement of the highways, roads and streets in the state; and (b) Whether the users of each class are paying that share. (2) The department may use any study design it determines will best accomplish the purposes stated in subsection (1) of this section. In designing the study the department may make decisions that include, but are not limited to, the methodology to be used for the study, what constitutes a class of vehicle for purposes of collection of data under subsections (1) to (4) of this section and the nature and scope of costs that will be included in the study. (3) The department may appoint a study review team to participate in the study or examination of data required by subsection (1) of this section. The team may perform any functions assigned by the department, including but not limited to consulting on the design of the study. (4) A report on the results of the study or examination of data shall be submitted to the legislative revenue committees and the legislative committees with primary responsibility for transportation by January 31 of each odd-numbered year. (5) The Legislative Assembly shall use the report described in subsections (1) to (4) of this section to determine whether adjustments to revenue sources described in section 3a (3), Article IX of the Oregon Constitution, are needed in order to carry out the purposes of section 3a (3), Article IX of the Oregon Constitution. If such adjustments are needed, the Legislative Assembly shall enact whatever measures are necessary to make the adjustments. [2003 c.755 §§1,2] http://www.leg.state.or.us/ors/366.html (27 of 50) [11/3/2008 3:32:17 PM]